One of the most expensive human resources tasks is conducting an executive search. In fact, finding someone to fill the top openings in a company can mean a nationwide executive search that requires a significant budget, a great deal of time, and equal amounts of stress. Fortunately, human resources consultants can help companies not only find a good pool of candidates, but also increase the chance that the resources you hire will remain at the job.
In a time when some people job hop for no reason other than wanting a change, more and more decide to work with human resources executive search firms in an effort to find employee solutions that are the best fit. Following the right hire, however, also requires a well planned and executed onboarding program. From a thorough explanation of benefits to a complete introduction to the hiring company’s philosophy and mission statement, human resources consultants can help clients of all size increase the chances that a hire will not only be a good fit, but also a lasting solution.
Today’s News Headlines Are a Constant Reminder of How Important Best Hiring Practices Need to Be
As the announcement of former and current sexual harassment charges continue to capture the national headlines, it should come as no surprise that a number of companies are concerned about the future hires that they make. Making sure that you completely understand and vet top candidates might be able to help companies avoid expensive lawsuits and problems in the future.
The talent acquisition management services industry is well versed in knowing what characteristics to look for, as well as what characteristics to avoid when they are creating a pool of qualified candidates for any of their clients. Consider some of these facts and figures about the necessary services that a HR firm can provide:
- 86% of companies with employee recognition programs cite an increase in worker happiness, an attribute that increases the likelihood that someone will stay at a job.
- Millennials are the “Job Hopping Generation,” with as many as six in 10 open to a new job at any given time, according to a 2016 Gallup poll. This makes them more than any other generation.
- A 25% increase compared to two years ago, 2.7 million workers voluntarily left their jobs at the end of June of 2015.
- Only 20% of workers believe their manager is doing a good job of encouraging them to do their best work, according to a Gallup poll.
- Gender-diverse companies are 15% more likely to outperform their peers and ethnically-diverse companies are 35% more likely to do the same, according to McKinsey?s research.
Whether your company is planning a restructuring or you are looking to replace retiring top executives, finding a human resources consultant is often in your best interest.